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Higher Current Account Deficit Is Partly Due To High Crude Prices, Says Raghuram Rajan

interview with Raghuram Rajanvia CNBC
Monday, September 10, 2018

India's higher current account deficit (CAD) is partly due to higher oil prices and the result of the export sector being hit by twin shocks of demonetisation as well as the goods and services tax, said Raghuram Rajan, former Reserve Bank of India (RBI) governor.

Featured

Hoover Institution fellow Adam White Testifies At Kavanaugh Hearing

featuring Adam J. Whitevia The Weekly Standard
Monday, September 10, 2018
Adam White on Brett Kavanaugh.
In the News

Globalism Undermines Patriotism

quoting Victor Davis Hansonvia The Patriot Post
Monday, September 10, 2018

Are patriotism and corporate multinationalism mutually exclusive concepts? In an age where socialism, despite its disastrous historical track record, is more popular than capitalism among Millennials, that question can no longer be ignored. 

Will China One Day Dominate the Seas? History Provides Some Clues

by Peter R. Mansoorvia Military History in the News
Monday, September 10, 2018

China has recently launched its first domestically built aircraft carrier, doubling its embryonic capacity to project power on the world’s oceans. A third carrier is under construction, with more to follow in due course. China has militarized its artificial islands in the South China Sea, extending its security barrier away from the Asian coast. It has fielded anti-access area denial weapons, including so-called “carrier killer” ballistic missiles that can reach Guam, to keep foreign warships away from Chinese waters should war come to East Asia. 

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The Perils Of Compulsory Labor Arbitration

by Richard A. Epsteinvia Defining Ideas
Monday, September 10, 2018

The Supreme Court should stop California before it sets a dangerous national norm.

Interviews

Michael McConnell: Legal Issues Raised By Trump Official Anonymous Op-Ed

interview with Michael McConnellvia Stanford Law School
Monday, September 10, 2018

Hoover Institution fellow Michael McConnell discusses key legal issues raised by the the New York Times September 5, anonymous op-ed titled “I am Part of the Resistance Inside the Trump Administration.” 

Featured

‘Steady State’ Or ‘Deep State,’ It’s All The Same: Bureaucracy As Usual

by Niall Fergusonvia The Boston Globe
Monday, September 10, 2018

Who rules? Behind the shiny façade of a monarchy or a presidency — behind all the pomp and ceremony — who really pulls the levers of power? The idea is an ancient one that there are two layers of power, one brightly visible, the other in the shadows. A standard figure in the royal courts of the early modern era was the éminence grise.

Featured

Dollarize Argentina

by John H. Cochrane via Grumpy Economist
Monday, September 10, 2018

Argentina should dollarize, says Mary Anastasia O'Grady in the Wall Street Journal -- not a peg, not a currency board, not an IMF plan, just give up and use dollars. 

In the News

Director Kiron Skinner Leaves For Senior Position In Trump Administration

featuring Kiron K. Skinnervia The Tartan
Sunday, September 9, 2018

Kiron Skinner, the founding director of the Carnegie Mellon Institute for Politics and Strategy and Taube Professor of International Relations and Politics, started her new role as a senior policy adviser to Secretary of State Mike Pompeo on Sept. 4. Skinner was additionally appointed as the State Department’s new Director of Policy Planning.

In the News

Empowering The Next Generation

quoting William Damonvia The Star Malaysia
Sunday, September 9, 2018

A recent landmark four-year study performed in the United States showed that young people, from the ages of 12 to 26, are struggling to find their purpose in life. 

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